Shipping costs on merchandise sold s an example of a variable cost
<h3>What is
variable cost?</h3>
Variable costs are costs that change as the quantity of a good or service produced by a business changes. Variable costs are the total of marginal costs across all units manufactured. They can also be considered standard expenses. The two components of total cost are fixed costs and variable costs.
Variable costs are costs that change with volume. Raw materials, piece-rate labour, production supplies, commissions, delivery costs, packaging supplies, and credit card fees are examples of variable costs.
Formula for Variable Cost. To calculate variable costs, multiply the cost of producing one unit of your product by the total number of products produced. This formula is as follows: Total Variable Costs = Cost Per Unit x Unit Count
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Answer:
Sector-specific associations.
Tourism and hospitality human resources organizations.
Training providers.
Educational institutions.
Government branches and ministries in land use, planning, development, environmental, transportation, and other related fields.
Economic development and urban planning offices.
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